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this is the first time where we've had four chairman of the four key committees all come together and say that they're
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ready to support crypto legislation some digital assets are cryptocurrencies they're actually currencies then there's
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things that are crypto Securities then there's things that are Commodities Bitcoin actually is regulated as a
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commodity right now and then you've got things that aren't Securities or Commodities they're like Collectibles
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like nfts things like that and one of the things that the market needs is just Clarity around the definition so that
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Founders know what the rules of Road are and they actually just comply with them
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so giving them those definitions and describing how a crypto project could start for example as a security and
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eventually the protocol could become decentralized enough or maybe it becomes a commodity that's called Market
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structure that was one of the things the chairman expressed support for the other
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area is stable coins Senator Hagerty he's on the Banking Committee he just released a stable coin bill there's
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counterparts in the house what the four chairman indicated is actually they're going to take up stable coins first and
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then Market structure will follow very quickly so I think there's a pretty good chance we can get this done in the next
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six months